Dixon Technologies India Ltd., Vedanta Ltd., Muthoot Finance Ltd., KPIT Technologies Ltd., and Tata Motors Ltd. are some of the stocks set to buzz on Tuesday.
Alkyl Amines Chemicals, Vedanta and Polycab India are some of the stocks going ex-trade for dividend.
Here are the notable corporate announcements released after Monday's market hours:
Stocks In News
Dixon Technologies India: Founder and chairman Sunil Vachani has sold 16.7 lakh shares, marking a 2.77% stake at Rs 13,301.47 apiece. He has offloaded shares worth Rs 2,221 crore in a bulk deal.
Sona BLW Precision Forgings: The company appointed Jeffrey Mark Overly as the Chairperson.
Satin Creditcare: The board is to meet on June 27 to consider raising funds up to Rs 5,000 crore via NCDs.
KPIT Technologies: The company in its mid-quarter update mentioned that the overall business environment continues to be uncertain with rising geopolitical concerns and ambiguity around the overall tariff scenario. For the company, the pipeline continues to be strong.
Metro Brands: Clarks, the iconic British footwear brand has announced a strategic partnership with the company. Under the agreement, the company is appointed as Clarks exclusive retail and digital partner for India and Neighbouring countries, including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka.
Avantel: The company re-appointed Abburi Vidyasagar as managing director for three years.
Tata Motors: The company revealed the introductory pricing of the Harrier.EV for the rear-wheel drive variants. The bookings will open from July 2. The basic adventure variant will start from Rs 21.49 lakh, while the top variant will cost Rs 27.49 lakh.
Cochin Shipyard: The company's arm received an order in the range of Rs 100-250 crore to construct two luxury river cruise vessels.
Kolte-Patil Developers: The company approved preferential shares worth up to Rs 417 crore to BREP Asia III on a private placement basis. The issue price of the allotment is Rs 329 per share.
Adani Energy: Adani Electricity Mumbai concluded an open market repurchase of senior secured notes of $49.5 million.
Stocks Trading Ex-Date
Ex- Dividend: Alkyl Amines Chemicals (Rs 10), Vedanta (Rs 7) and Polycab India (Rs 35).
Ex-Stock Split: Laddu Gopal Online Services (5:1).
Shares To Exit Anchor Lock-In
The share of equity that is set to become eligible for trade as the lock-in period ends for pre-IPO anchor investors.
Muthoot Finance (20% equity).
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